News & Articles
Homes priced beyond new grads
At current rates, fresh grad workers cannot afford to buy a house It was one of those long eye-opening conversation between father and his soon-to-graduate son. “What are you going to do when you graduate?” “Get a job, buy a car.” “Don’t you want to buy a house?” “It’s too ... Read More
Gurney Paragon ready to make a big splash
MORE than 80,000 people visited the RM500mil Gurney Paragon during its first day of business. Gurney Paragon director Lily Tan said 50,000 people were expected to visit Gurney Paragon each weekend from now till the end of the year as more stores opened up. Among the top draws at the ... Read More
The Star Property Fair sees RM115mil in sales
GEORGE TOWN: About RM115mil worth of residential and commercial property was sold during the first three days of The Star Stylish Living Property Fair 2013 at G Hotel and Gurney Plaza. Property exclusively marketed by Zeon Properties Sdn Bhd generated RM83mil in sales over the past three days. Zeon CEO ... Read More
StarProperty.my’s Stylish Living Property Fair is on now, lasts throughout weekend
Live the stylish life in Penang, KL and Australia! From today and throughout this weekend, Star Property Fair Penang brings the latest luxurious lifestyles and developments to the Pearl of the Orient. Be it for own stay or investment, find out what the developers have in store for you, from gorgeous ... Read More
ST Residence
ST Residence, a low density development by Flow Rich Sdn. Bhd. in Georgetown, Penang. This 16-storey condominium is located along Jalan Seang Teik, has 35 residential units with size ranging from 1,400 sq.ft. onwards. Property Project : ST Residence Location : Georgetown, Penang Property Type : Condominium Built-up Area: 1,400 sq.ft. onwards Total ... Read More
New loan cap makes it tough for first timers to own properties
WANTING and actually being able to afford your own place are two very different things. With the oversupply of high-end condominiums shadowing the property market, fresh graduates and young professionals may have to either send out an SOS to their parents for cash or live at home because having “my ... Read More
Big plans for Southbay City
Mah Sing Group Bhd has revised its gross development value (GDV) for its Southbay City project in Batu Maung, Penang, to approximately RM2bil from RM1.5bil previously. Group chief operating officer Teh Heng Chong said in an interview that this was because new components such as a shopping mall, hotels and ... Read More
Last lap for Penang’s bid to obtain city status
GEORGE TOWN: Penang is in its final stage of applying for city status for George Town, said state Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow. “The state secretariat is presently in its final discussion with Chief Secretary Tan Sri Dr Ali Hamsa. “We were supposed ... Read More
New rules for property buyers
PETALING JAYA: Property buyers will no longer have the option to take loans for longer than 35 years. Anyone taking a personal loan can now only do so for a period of up to 10 years. These are new rules set by Bank Negara with the aim of helping to ... Read More
Penang projects get a boost
THE Penang Yang di-Pertua Negri Tun Abdul Rahman Abbas has called for support for the four major infrastructure projects worth RM6.3bil that was proposed by the state government. He said there was a need to upgrade the road infrastructure in Penang to be on par with developed countries. “Thus, the ... Read More
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